Methods and Techniques to Reduce the Software Development Cost: A Review

Most of the software development processes are overburdened with strict and heavy documentation procedures that require strong control mechanisms and create additional sophistication in the software projects management. New families of methodologies for software development, referred to as Agile Processes, are introduced to meet the challenges of the future developments in the software industry. These methodologies focus on the flexibility and adaptability and are described as agile, unlike the traditional processes, which are restrictive in the introduction of changes. In this paper, we significantly indentify and describe the major factors, that agile development approach improves software development process to meet the rapid changing business environments and helps in overall reduction of software development cost.